Zobrazeno 1 - 10
of 28
pro vyhledávání: '"Francesco Furlanetto"'
Publikováno v:
American Economic Journal: Macroeconomics. 14:163-198
We use time series techniques to estimate the importance of four main explanations for the decline of the US labor income share: rising firm markups, falling bargaining power of workers, higher investment-specific technology growth, and more automate
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::6481273ee9aa2d94ba223ab66c0f95ec
https://doi.org/10.1257/mac.20190365
https://doi.org/10.1257/mac.20190365
Autor:
Pal-bergset Ulvedal, Ørjan Robstad, Juan F Rubio-Ramirez, Francesco Furlanetto, Antoine Lepetit
Publikováno v:
Finance and Economics Discussion Series. 2021:1-35
In this paper we identify demand shocks that can have a permanent effect on output through hysteresis effects. We call these shocks permanent demand shocks. They are found to be quantitatively important in the United States, in particular when the Gr
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::956754f1246571a556869591979c322f
https://doi.org/10.17016/feds.2021.059
https://doi.org/10.17016/feds.2021.059
Autor:
Claudia Foroni, Francesco Furlanetto
Publikováno v:
SSRN Electronic Journal.
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::37fac6b0920b05390b21605cb043fa61
https://doi.org/10.2139/ssrn.4183057
https://doi.org/10.2139/ssrn.4183057
Autor:
Claudia Foroni, Francesco Furlanetto
Publikováno v:
SSRN Electronic Journal.
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::5329d6ae4ae1feb805e27b517b8bbf45
https://doi.org/10.2139/ssrn.4169862
https://doi.org/10.2139/ssrn.4169862
Autor:
Ørjan Robstad, Francesco Furlanetto
Publikováno v:
Review of Economic Dynamics. 34:1-19
We propose a new VAR identification scheme that enables us to disentangle immigration shocks from other macroeconomic shocks. Identification is achieved by imposing sign restrictions on Norwegian data over the period 1990Q1 - 2014Q2. The availability
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::b74e47cae6f665c39291d941148fba59
https://doi.org/10.1016/j.red.2019.02.006
https://doi.org/10.1016/j.red.2019.02.006
Publikováno v:
Review of economic dynamics
This paper investigates how the presence of pervasive financial frictions and large financial shocks changes the optimal monetary policy prescriptions and the estimated dynamics in a New Keynesian model. We find that financial factors affect the opti
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::c0818c9156bd9be4e80dfd3108b079c9
https://hdl.handle.net/11250/3064966
https://hdl.handle.net/11250/3064966
Publikováno v:
Working paper (Federal Reserve Bank of Cleveland).
This paper investigates how the presence of pervasive financial frictions and large financial shocks changes the optimal monetary policy prescriptions and the estimated dynamics in a New Keynesian model. We find that financial factors affect the opti
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::54b609633fb6eea120615d69ede6b38c
https://doi.org/10.26509/frbc-wp-202005
https://doi.org/10.26509/frbc-wp-202005
Publikováno v:
Journal of Applied Econometrics. 31:1197-1214
Summary We investigate the macroeconomic consequences of fluctuations in the effectiveness of the labor market matching process with a focus on the Great Recession. We conduct our analysis in the context of an estimated medium-scale dynamic stochasti
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::fb2c5cde2bda2f2b745bc9582984e69f
https://doi.org/10.1002/jae.2498
https://doi.org/10.1002/jae.2498
Publikováno v:
SSRN Electronic Journal.
Canova et al. [Canova, F., J. D. López-Salido, and C. Michelacci. 2010. “The Effects of Technology Shocks on Hours and Output: A Robustness Analysis.” Journal of Applied Econometrics 25: 755–773; Canova, F., J. D. López-Salido, and C. Michela
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::0aa445a4f3f52a53bb0b1b914de72ed9
https://doi.org/10.2139/ssrn.3334892
https://doi.org/10.2139/ssrn.3334892
Publikováno v:
SSRN Electronic Journal.
In this paper we use a structural VAR model with time-varying parameters and stochastic volatility to investigate whether the Federal Reserve has responded systematically to asset prices and whether this response has changed over time. To recover the
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::5157abf59945ce20c6ab1f36e99ff40b
https://doi.org/10.2139/ssrn.2955644
https://doi.org/10.2139/ssrn.2955644